A print advertisement to encourage people to consume more milk shows the picture of a celebrity with a glass of milk in her hand. Which persuasive technique is implemented in this ad? bandwagon effect endorsement expert recommendation association of ideas
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Samantha has been asked to join a task force that is charged with boosting organizational productivity. First, she was asked to jot down ideas on how to increase productivity, and after that, the group met to discuss everyone’s ideas and come up with solutions together based on those suggestions. Samantha’s taskforce best exemplifies which creative problem solving method?A) Traditional brainstormingB) Electronic brainstormingC) Nominal group techniqueD) Groupthink
For several years, a professor at Johns Hopkins University had been using the following grading scheme for his final exam: He would give an A to the student with the highest score. The grades of the remaining students were then based on what percentage their scores were of the top student's score. In the fall of 2012, the students in the class came up with the idea of boycotting the final exam. They stood in the hallway outside the classroom but did not enter the room to take the exam. After waiting for a time, the professor cancelled the exam and, applying his grading scale, gave everyone in the class an A on the exam. An article in the New York Times about this incident observes: "This is an amazing game theory outcome, and not one that economists would likely predict." Source: Catherine Rampell, "Gaming the System," New York Times, February 14, 2013. Game theory indicates the students' strategy was unlikely to work because
Assume you are a manager in one of the branches of the 7-Eleven company and a local bakery is offering to sell some kinds of bread in your branch. The bakery is claiming more than 70% of people living
If you invest $1,000 at 12% interest, how much money will be in the account after two years, compounded annually? $1,240 $1,120 $1,254.40 $1,300
b. $16,781.25
c. $40,275.00
d. $53,040.00
Please select the best answer from the choices provided A B C D
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Answer:
Ans. A) $9,314.45
Explanation:
Hi, first we have to bring to present value the monthly payments to be made for 30 years (360 months). In order for this to be useful, we have to convert this annua compounded monthly rate (6.25%) to an effective rate, that is 6.25% / 12 = 0.5208%. Now, when we find this present value, we are going to substract it from the price of the house and that is the value of the down payment. But let´s just go ahead and do it together.
We have to use this formula to bring to present value the $1,595.85 monthly payments, for 30 years (360 months) at a rate of 6.25% (0.5208% monthly).
It should look like this
Now, let´s go ahead and find the down payment.
So, the answer is a). $9,314.45
Best of luck.
personal
unlimited
no
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Answer: Limited
Explanation: As per the law. the owners of a company and the company itself will be considered two separate entities. Thus, the liability of the owners will be limited to their extent of investment. And any court case in case of default will be named on company and not owners.
No personal assets of owners of a company shall be taken into consideration while repaying the stakeholders in case of default.
Hence from the above we can conclude that the correct answer is A.
Note: Use IFRS 9 as the IFRS source.
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Answer:
Financial assets are instruments that represent a claim to the economic benefits of an entity. They can be categorized into various classes based on their nature and purpose. Two common categories of financial assets are "passive investments" and "loans and receivables." I'll explain each category and their measurement under both IFRS (using IFRS 9) and ASPE (Accounting Standards for Private Enterprises).
1. Passive Investments:
Passive investments are financial assets that an entity holds to earn returns on the investment, such as dividends, interest, or capital appreciation. They are typically acquired with the intent of holding them for the long term rather than actively trading them.
Measurement under IFRS 9:
Under IFRS 9, passive investments are classified into two main categories:
a. Fair Value Through Other Comprehensive Income (FVOCI): Passive investments can be designated at initial recognition to be measured at fair value through other comprehensive income. Changes in fair value are recognized in other comprehensive income, and only accumulated gains or losses are recognized in the income statement upon derecognition or impairment.
b. Fair Value Through Profit or Loss (FVTPL): Alternatively, entities can choose to measure passive investments at fair value through profit or loss. Changes in fair value are recognized directly in the income statement.
Measurement under ASPE:
Under ASPE, the equivalent category to FVOCI is "Available-for-sale financial assets," and the equivalent to FVTPL is "Fair value through profit or loss." The measurement and recognition principles are generally similar to IFRS, with some differences in terminologies and specific requirements.
2. Loans and Receivables:
Loans and receivables are financial assets that involve contractual rights to receive cash or another financial asset from another entity. They arise from lending money, providing goods or services on credit, or holding accounts receivable.
Measurement under IFRS 9:
Under IFRS 9, loans and receivables are initially measured at their transaction price, which usually includes transaction costs. Subsequently, they are measured at amortized cost using the effective interest rate method, unless they are determined to be impaired.
Measurement under ASPE:
ASPE has a category called "Loans and receivables," which is similar to IFRS's classification. Loans and receivables under ASPE are also initially measured at the transaction price, including transaction costs, and subsequently measured at amortized cost using the effective interest rate method, unless they are impaired.
It's important to note that while both IFRS and ASPE have similarities in the classification and measurement of financial assets, there might be some differences in terminology, presentation, and specific requirements. Additionally, the standards and their interpretations may change over time, so it's crucial to refer to the most up-to-date versions of IFRS 9 and ASPE for accurate information.
Explanation:
Final answer:
The different categories of financial assets under IFRS and ASPE are financial assets at fair value through profit or loss, financial assets at amortized cost, and financial assets at fair value through other comprehensive income.
Explanation:
Financial assets are resources that hold monetary value and can be classified into different categories based on their characteristics and purpose. Under International Financial Reporting Standards (IFRS) and Accounting Standards for Private Enterprises (ASPE), financial assets are categorized into three main groups: financial assets at fair value through profit or loss, financial assets at amortized cost, and financial assets at fair value through other comprehensive income.
Financial assets at fair value through profit or loss: These assets are held for trading purposes or are designated as such by the entity. They are measured at fair value, with changes in fair value recognized in profit or loss. Financial assets at amortized cost: These assets are held to collect contractual cash flows and are measured at amortized cost using the effective interest method. They include loans, receivables, and held-to-maturity investments.
Financial assets at fair value through other comprehensive income: These assets are neither held for trading nor held to collect contractual cash flows. They are measured at fair value, with changes in fair value recognized in other comprehensive income.
Under IFRS, the measurement of financial assets is primarily based on their classification. IFRS 9 provides guidance on the classification, measurement, and impairment of financial assets. ASPE, on the other hand, follows a similar approach to IFRS but with some differences in terminology and specific requirements.
Learn more about categories of financial assets and their measurement under ifrs and aspe here:
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The price of Fusion Ses is $24,400 from Ford Motor Company and the price of the fusion hybrid is $29,975. The percentage increase in price for the Ford motor company fusion hybrid over the fusion ses is 22.8%.
What is the concept of a percentage increase in price?
Its states the difference (rise) between the two figures we are comparing to arrive at a percentage increase: Increase = New price - old price. Then multiply the result by 100 by dividing the gain by the original price: Increase by 100 percent of the original price
% Increase = (New Price - Old Price) ÷ old Price × 100
The percentage increase in the price for the Ford motor company fusion hybrid over the fusion ses:
= $ 29,975 - $ 24,400/ $24,400 × 100
= $ 5575/$24,400 × 100
= $ 0.228483 × 100
= 22.8 %
Hence, The percentage increase in price for the hybrid over the fusion ses = 22.8%.
Tolearn more about % increase in price, refer to the link:
($29,975 - $24,400)/$24,400 * 100
5575/$24,400 * 100
5575/24,40,000
0.00228483606%
Hope this helps :)
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The question incomplete! The complete question along with answer and explanation is provided below.
Question:
Eagle Life Insurance Company pays its employees $.30 per mile for driving their personal automobiles to and from work. The company reimburses each employee who rides the bus $100 a month for the cost of a pass. Tom, in his Mazda 2-seat Roadster, collected $100 for his automobile mileage, and Mason received $100 as reimbursement for the cost of a bus pass.
a. What are the effects of the $100 reimbursement on Tom's and Mason's gross income?
b. Assume that Tom and Mason are in the 24% marginal tax bracket and the actual before-tax cost for Tom to drive to and from work is $0.30 per mile. What are Tom's and Mason's after-tax costs of commuting to and from work?
Explanation:
a.
For Tom:
He is required to include the $100 in gross income therefore, he would have to pay after-tax cost on the reimbursement.
For Mason:
He is not required to include the $100 in gross income due to qualified transportation fringe.
b.
For Tom:
Marginal tax = 24%
The after-tax cost of commuting = 0.24*$100 = $24
The before-tax cost of commuting = $0 (since he was reimbursed)
For Mason:
The after-tax cost of commuting = $0
The before-tax cost of commuting = $0 (since he was reimbursed)
c. travelers’ checks
b. a mutual fund
d. a checking account
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answer: A Mutual Fund